Cement News tagged: Corporate
More Cement Companies added to cartel investigation
HeidelbergCement, Schwenk and Holcim have been added to a cartel case involving the cement industry, according to Financial Times Deutschland, citing a Duesseldorf court
Anhui Conch shares suspend on share reform plan
Trading in shares of A and H shares of Anhui Conch Cement Co. Ltd were suspended on Monday pending a statement in relation to a proposal on share segregation, the company
Funds to buy into Saurashtra Cement
Asian Debt Management (ADM), the UK-based Toro Managers and Brescon Advisory will buy up to 23 per cent equity in the Mehta group-promoted Saurashtra Cement (SCL) for Rs 105 crore. "Through a preferen
But Son cement firm sells 3 million shares
Vietnam Cement Corporation (VNCC) sold over three million shares of But Son Cement Company in auctions held yesterday at the Hanoi and HCM City securities trading centres, according to the Hanoi Secur
Tax case against Garadagh Cement closed
Because of redemption of tax arrears, the criminal case initiated against the joint stock company Garadagh Cement has been closed. Garadagh Cement paid out AZN 2.66m.
Portland takeover of Lemona approved
Spanish cement group Cementos Portland Valderrivas’ takeover bid for rival group Cementos Lemona has been authorised by Spanish competition authorities. Portland
Suez Cement to offer shares
Egyptian cement producer Suez Cement will offer for subscription a total 1.3 million shares at a par value of 45 Egyptian pounds ($7.83), the company said. The shares are part of the
Massi sells Italcementi shares
Italian cement group Italcementi’s Administration and Control Director Dario Massi has sold company shares for a total Euro 662,077 it was reported on January 12, 2006. Massi sold
Qassim Cement: profits increase
Saudi cement producer Qassim Cement Company (QCC) posted a net profit of 208.5 mln Saudi riyals (US$55.6m) for the first nine months of 2005, up from 191 mln riyals
Dontsement increases cement production
In December 2005, the Dontsement company (Amvrosiivka, Donetsk region), increased cement production by 62.2 per cent or 23,000t compared with December 2004, to 60,000t.
Dutch authorities fine concrete producers
Dutch anti-cartel watchdog Nederlandse Mededingingsautoriteit (NMa) has fined 10 concrete mortar producers Euro 6.0m due to unfair price agreements, NMa said on January 12, 2005. According to NMa, th
Cimpor investing in S Africa capacity expansion
Cimpor is now investing Euro 66.5m on a 60 per cent increase in its cement and clinker production capacity in South Africa to 1.6Mta, Jornal de Negocios reported. Spending on the
Thailand’s cement industry: Peak season in 1Q06
While mega projects are expected to be a growth driver for cement demand, the 5-8 per cent growth expected for this year has not yet factored in these projects. Domestic cement price should increase,
Saudi Qassim Cement invites Candidates for board members
Saudi cement producer Qassim Cement Company (QCC) has invited all shareholders willing to apply for board members to submit their applications by February 2, 2006. The new board
French Morillon Corvol Buys Ets Charroy
French construction aggregates company Morillon Corvol, part of Mexican cement group Cemex, acquired on January 1, 2006 the company Ets Charroy which operates a calcareous
Gujarat Ambuja describes Holcim plan as `speculative’
Gujarat Ambuja Cement Limited (GACL), which has entered into a strategic alliance with Swiss cement major Holcim, described as ‘speculative’ the overseas firm’s plan to acquire stake in th